1-bed · 1,062 sqftPrincess Tower, Dubai Marina · 86th floor · completed 2012

8605, Princess Tower

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8605 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 1.67M16 November 2014
Current rentAED 78K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8605, Princess Tower

What is 8605 worth today?

Last sold for AED 1,665,000 in 2014

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10 Mar 2024RentedRenewal
AED 78,000/yr12 months · AED 73 per sqft
10 Mar 2022RentedRenewal
AED 66,000/yr12 months · AED 62 per sqft
10 Mar 2021RentedRenewal
AED 60,000/yr12 months · AED 56 per sqft
10 Mar 2020RentedRenewal
AED 73,500/yr12 months · AED 69 per sqft
24 Feb 2018RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
27 Jan 2016RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
3 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
16 Nov 2014SoldReady
AED 1,665,000AED 1,567 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
1-bed apartment
Size
1,062 sqft
Floor
86th of 96
Parking
B1-85
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.67M · November 2014

About 8605, Princess Tower

8605 is a one-bedroom apartment of 1,062 sqft on the 86th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 16 November 2014 for AED 1,665,000, or AED 1,567 per sqft, in line with the AED 1,563 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 78,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 17,700 a year.

Sales and rents for 8605 over time

Sales
Unit 8605, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 883,184; 2010 AED 1,032,955; 2011 AED 821,955; 2012 AED 941,310; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,245,000; 2017 AED 1,272,500; 2018 AED 1,025,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 800,000; 2022 AED 972,500; 2023 AED 1,150,000; 2024 AED 1,350,000; 2025 AED 1,420,000; 2026 AED 1,478,910Sold by developer, January 2010: AED 1,278,075 (AED 1,203 per sqft)Sold, December 2012: AED 1,278,075 (AED 1,203 per sqft)Sold, November 2014: AED 1,665,000 (AED 1,567 per sqft)

8605 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8605, each contractTypical one-bed in Princess Tower
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 94,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 67,500; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 79,000; 2024 AED 86,000; 2025 AED 86,141; 2026 AED 87,500New contract, December 2012: AED 80,000 a yearNew contract, January 2014: AED 100,000 a yearNew contract, January 2015: AED 110,000 a yearNew contract, January 2016: AED 110,000 a yearNew contract, February 2018: AED 90,000 a yearRenewal, March 2020: AED 73,500 a yearRenewal, March 2021: AED 60,000 a yearRenewal, March 2022: AED 66,000 a yearRenewal, March 2024: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Princess Tower, and where 8605 sits

All 277 1-beds →

8605 last sold in November 2014 at AED 1,567 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,563). Over the last 12 months one-beds sold for AED 1,438,993 to 2,050,000, around AED 1,696 per sqft, and rent for AED 74,800 to 123,000 a year. 8605's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Feb 20261,438,993
6 Feb 20261,442,820
2 Feb 20261,525,000
26 Jan 20261,515,000
7 1-bed sales in the last 12 months

Princess Tower

Building

763 apartments, 1-bed to 5-bed over 96 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 17 sold in the last 12 months.

Typical price per sqft
AED 1,740 Up 8.8%
Typical sale
AED 2M
Typical rent
AED 119K /yr
Typical yield
5.7%
Princess Tower, Dubai Marina: prices, sales and rents →

Other units on the 86th floor

All 763 units in Princess Tower
Value
86014-bedAED 2.7M · May 2019
86024-bedAED 6.87M · Jan 2025
86032-bedAED 2.7M · Jan 2013
86041-bedAED 1.17M · Mar 2013
86062-bedAED 1.68M · Sep 2021

8605, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 1,278,075, last on 16 November 2014 for AED 1,665,000 (AED 1,567 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2021 and recovered to AED 78,000 by March 2024.
  • At AED 78,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 17,700 a year (AED 16.62 per sqft).
  • One-beds in Princess Tower sold for AED 1,438,993–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,740 per sqft.

Source: Dubai Land Department. Updated 10 March 2024.

Questions about 8605, Princess Tower

What did unit 8605 last sell for?

AED 1,665,000 on 16 November 2014: AED 1,567 per sqft for 1,062 sqft. The unit has 3 registered sales; the first was AED 1,278,075 in January 2010.

What is the rent for unit 8605?

AED 78,000 a year on the contract renewed on 10 March 2024. The previous contract, from March 2022, was AED 66,000; the unit has been rented since December 2012.

How big is unit 8605?

1,062 sqft (98.7 sqm): a one-bedroom apartment on the 86th floor of a 96-storey tower completed in 2012.

What is unit 8605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Princess Tower sold for AED 1,438,993 to 2,050,000 in the last 12 months, around AED 1,696 per sqft.

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Mortgage on 8605, Princess Tower

Starts from the last sale price (AED 1.67M, 16 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,665,000
Deposit, UAE resident (20%)
AED 333,000
Deposit, non-resident (40%)
AED 666,000
Monthly over 25 years at 3.7%
AED 6,812

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →